Wolfe Research analysts resumed coverage of Palantir (PLTR) with a “Peer Perform” rating this morning — an upgrade from their previous “Underperform” rating — reflecting the firm’s reassessment of PLTR’s positioning within the enterprise AI landscape.
The investment firm did not assign a specific price target but described the company as one of the most compelling stories in enterprise software and artificial intelligence, using the phrase “Too Big to Ignore” to characterize Palantir’s growing market significance.